Sensex, Nifty rebound in early trade on firm global cues, foreign fund inflows
The Hindu
Mkt recovers on global cues, softening crude; Sensex up 193 pts.
The benchmark equity indices climbed in early trade on October 25 after facing a heavy drubbing in previous trade, amid positive trends in global markets and foreign fund inflows.
Softening crude oil prices also helped the market recover.
The 30-share BSE Sensex climbed 193.64 points to 64,765.52 in early trade. The Nifty advanced 54.55 points to 19,336.30.
Among the Sensex firms, JSW Steel, Tata Steel, HCL Technologies, Kotak Mahindra Bank, State Bank of India and Axis Bank were the major gainers.
Infosys, NTPC, Hindustan Unilever and Titan were among the laggards.
In Asian markets, Tokyo, Shanghai and Hong Kong traded in positive territory, while Seoul quoted lower.
The U.S. markets ended in the green on October 23.
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